Small-capitalization stocks and related exchange traded funds have been outperforming as investors turned to more attractive areas of the market in the recent run-up. Over the past month, the iShares Russell 2000 ETF (IWM), which tracks the benchmark Russell 2000 Index of small-caps, gained 7.2%. Meanwhile, the SPDR S&P 500 ETF Trust (SPY), which follows [...] Read more at ETFtrends.com.
Socially responsible exchange traded funds and other investments that follow environmental, social and governance principles may not be as clear cut when it comes to meeting sustainability standards as many investors would believe. According to Util, a sustainable investment data specialist, there is no clear “good” or “bad” investment based on the UN’s Sustainable Development [...] Read more at ETFtrends.com.
Gold prices and a related exchange traded fund maintained their momentum Thursday as the U.S. dollar and Treasury yields slipped. On Thursday the Sprott Physical Gold Trust (PHYS) rose 0.4%. Meanwhile, Comex gold futures were up 0.5% to around $1,770.4 per ounce. Analysts argued that the recent dip in the USD and yields on long-term Treasuries [...] Read more at ETFtrends.com.
While correlations are just one factor to consider when investing in Bitcoin and Bitcoin-related equities, it remains a widely discussed topic especially given the state of the current market. There are two separate debates we often see regarding Bitcoin correlations: 1) how much is Bitcoin correlated to equities and what does that mean? and 2) [...] Read more at ETFtrends.com.
VettaFi’s vice chairman Tom Lydon discussed the SPDR Portfolio S&P 500 Growth ETF (SPYG) on this week’s “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” Lydon opened by discussing the changes in outlooks between last year and this year for advisors and investors, with many selling out of growth this time last year as [...] Read more at ETFtrends.com.
The Invesco S&P 500 Equal Weight Energy ETF (RYE) is a great fit for investors looking to enhance their portfolios with an energy ETF that uses a unique methodology. This ETF offers a unique way to access the U.S. energy market, giving investors seeking to avoid market cap-weighted products an alternative way to bet on [...] Read more at ETFtrends.com.
Hong Kong markets made some major moves today despite being closed part of the day due to a typhoon warning. Tech giants such as Alibaba and JD.com were buoyed by the news of government stimulus and rumors of an audit deal being reached between the U.S. and China, carrying markets to a strong close, reported [...] Read more at ETFtrends.com.
There’s still a lot of market uncertainty in the current environment as the Federal Reserve decides how to deal with inflation. In the meantime, confidence is coming back to emerging markets (EM), which could give their bonds a boost. Rising interest rates have been pushing the dollar higher and applying pressure on emerging market currencies. [...] Read more at ETFtrends.com.
By Adam Grossman THE RIVERFRONT WRITING TEAM REBECCA FELTON Senior Market Strategist ADAM GROSSMAN, CFA Global Equity CIO | Co-Head of Investment Committee CHRIS KONSTANTINOS, CFA Director of Investments | Chief Investment Strategist KEVIN NICHOLSON, CFA Global Fixed Income CIO | Co-Head of Investment Committee DOUG SANDLER, CFA Head of Global Strategy ROD SMYTH Chairman [...] Read more at ETFtrends.com.
Clean energy has rebounded in recent months, posting impressive returns across all sub-sectors in the industry. The top performing funds over four weeks as of August 24 include the SPDR S&P Kensho Clean Power ETF (CNRG), the ALPS Clean Energy ETF (ACES), and the First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN). CNRG, [...] Read more at ETFtrends.com.
Supply concerns and uncertain market demand will weigh heavy on metals and mining. A hawkish U.S. Federal Reserve will also provide additional market forces on metals that could counter any bullish tailwinds. “Demand uncertainty amid fears of global recession and interest rate hikes in the United States and Europe weighed on investors’ risk appetite,” a [...] Read more at ETFtrends.com.
By Kimberly Woody Senior Portfolio Manager The markets seem distorted by forces for which we have no history. We are navigating pandemic(s), unprecedented fiscal and monetary intervention, worldwide inflation spurred by supply chain disruptions and general market volatility. That said, investors might have made that same quip – arguably driven by innovation rather than a [...] Read more at ETFtrends.com.
Tesla’s (TSLA) 3-for-1 stock split took effect late on Wednesday. Shares of the electric vehicle company have climbed 28% since June 10, when Tesla announced plans to split its stock. Shareholders approved the split at their annual split shareholders meeting on August 4. Tesla has split its shares 3 to 1, meaning that shareholders of [...] Read more at ETFtrends.com.
Experienced investors know that there’s no such thing as a sure thing in financial markets. Nor is there any strategy that 100% insulates portfolios from downside risk, except cash. Fortunately, there are steps that investors can take to minimize such risks. An effective way of accomplishing that goal is focusing on balance sheets. Some exchange [...] Read more at ETFtrends.com.
Investors focusing on domestic stocks and the related environmental, social, and governance (ESG) exchange traded funds may be apt to believe substantial allocations to growth equities are the only way to tap into ESG benefits. However, there are avenues for pairing value equities with ESG benefits. Some domestically focused ETFs do that, but investors seeking [...] Read more at ETFtrends.com.
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, State Street Corp. (Symbol: STT) has taken over the #253 spot from NXP Semiconductors NV (Symbol: NXPI), according to ETF Channel. Below is a chart of State Street
Economic data points can be massaged and spun a variety of ways, but the stark reality is that the U.S. economy and consumers continue grappling with uncomfortably high inflation. Stubbornly high readings of the Consumer Price Index (CPI) are prompting investors to evaluate a variety of asset classes with inflation-fighting reputations. However, market participants can [...] Read more at ETFtrends.com.
In trading on Thursday, shares of the MOO ETF (Symbol: MOO) crossed above their 200 day moving average of $95.06, changing hands as high as $95.35 per share. MOO shares are currently trading up about 1.6% on the day. The chart below shows the one year performance of MOO share
In trading on Thursday, shares of the URA ETF (Symbol: URA) crossed above their 200 day moving average of $22.91, changing hands as high as $22.94 per share. URA shares are currently trading trading flat on the day. The chart below shows the one year performance of URA shares
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 3000 ETF (Symbol: IWV) where we have detected an approximate $71.9 million dollar outflow -- that's a 0.7% decrease week over week (